3022 Javier Rd Fairfax, VA 22031
Property profile & analytics
3022 Javier Rd, Fairfax, VA 22031
- Office buildings
- 19,239 SF
- 0.43 lot acres
Property ID
US87-1256956
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Aromatherapy spa for massage / Alternative Medicine Practice / Spa & Massage Center
- VIP IMed Center / Medical Clinic
- Eyelashes By Katie / Hair Salon / Nail Salon
- Lash Avenue / Hair Salon / Nail Salon
- Serenity Elder Care Services / Home Health Care Service
Property Details for 3022 Javier Rd
- Year built
- 1982
- Construction
- STEEL FRAME
- Lot size
- 0.43 lot acres
- Zone code
- C-3(OFFICE)
- Property type
- Office buildings
- APN
- 049-3-14-0004
- APU
- 493140004
Description
This 19,329-square-foot Class B medical office building in Fairfax, Virginia, presents a compelling owner-user or value-add investment opportunity. Located at 3022 Javier Rd, Fairfax, VA 22031, this property boasts a prime location off Route 50 in the Merrifield area, minutes from Inova Fairfax Hospital, I-495, and I-66. Currently 48% occupied, the building offers significant potential for expansion and increased rental income. Most existing leases are short-term, providing flexibility for an owner-user to occupy a portion of the space while generating cash flow from existing tenants. The 0.87-acre lot is zoned C-3, allowing for various permitted uses. The building features 61 parking spaces and significant recent upgrades, including a new Firestone roof (2020) and 14 HVAC units (mostly recently replaced). Seller financing is available. The building's height can potentially be increased to 65 feet, subject to engineering and county approvals. This presents a rare chance to acquire a well-located medical office building with substantial upside potential, combining immediate occupancy with long-term investment growth. The property's strong location, recent improvements, and flexible zoning make it an ideal choice for both owner-occupiers and value-add investors seeking a high-return opportunity in a thriving market. Detailed financial information and zoning specifics are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,475,000
- 6.5%
- $5,975,000
- 7%
- $5,550,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,431,000
- AI Estimate
- $4,177,000
Market price range: $5.43M - $11.3MMarket price range: $4.18M - $9.67M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,315,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $7,095,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fairfax
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.2351
- Latitude
- 38.8678
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$33,198
$278,400
$2,308,110
$2,586,510
-
$278,400
$2,308,110
$2,586,510
